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. >>> the national hurricane center is changing its warning system after superstorm sandy caught many off-guard. they are changing the definitions so people will be ready for extreme conditions. >>> people in krisfield are still suffering from sandy's damage after a federal decision not to provide aid to storm- battered residents. the city's mayor is challenging the federal decision. >> is there water coming into your residence right now. >> yes, ma'am. >> try to stay calm. >> reporter: taking stock of the damage came next. sitting just above the bay, many in town took a hit. >> my building took a big beating. it's the worst i've seen. >> clearly, krisfield took it the hardest. a lot of people have been swamped out of their home. >> reporter: after seeing their damage, the governor asked for federal disaster relief. federal help won't be coming to homeowners and businesses does because not enough damage could be done. it is not based upon the trauma to the individual. >> we need help. we need help. we cannot do it. >> reporter: the reason, many who lost furnaces, first floors, and roo
. >>> the national hurricane center is changing its warning system after superstorm sandy caught many off-guard. they are changing the definitions so people will be ready for extreme conditions. >>> people in krisfield are still suffering from sandy's damage after a federal decision not to provide aid to storm- battered residents. the city's mayor is challenging the federal decision. >> is there water coming into your residence right now. >> yes, ma'am. >>...
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175
Nov 29, 2012
11/12
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CNBC
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the tragedy of hurricane sandy was a revelation. our country needs to upgrade its power grid and we've got to do it now. in this one area, it seems like our state governments and utilities are actually on the case, which is why you want to own quanta services, power, pwr, the company that builds out any infrastructure and a killer pipeline business. what's not to like? after the break, i'll try to make you more money. >>> coming up -- >> how should of pleasure. >>> pending home sales rose to a five-year high today, but which stock should you moved into is it as the foundation for growth and housing becomes more secure. tonight it's an open house for three potential plays on a real estate rebound. which one should you put an offer out on? with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards!
the tragedy of hurricane sandy was a revelation. our country needs to upgrade its power grid and we've got to do it now. in this one area, it seems like our state governments and utilities are actually on the case, which is why you want to own quanta services, power, pwr, the company that builds out any infrastructure and a killer pipeline business. what's not to like? after the break, i'll try to make you more money. >>> coming up -- >> how should of pleasure. >>>...
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Nov 30, 2012
11/12
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CNBC
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eye 164
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the tragedy of hurricane sandy was a revelation. our country needs to upgrade its power grid and we've got to do it now. in this one area, it seems like our state governments and our utilities are actually on the case, which is why you want to own quanta services, power, pwr, the company that builds out new infrastructure and has a killer pipeline business. what's not to like? after the break, i'll try to make you more money. >>> coming up -- >> house of pleasure. >>> pending home sales rose to a five-year high today, but which stock should you moved into as the foundation for growth and housing becomes more secure. tonight it's an open house for three potential plays on a real estate rebound. which one should you put an offer out on? [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection.
the tragedy of hurricane sandy was a revelation. our country needs to upgrade its power grid and we've got to do it now. in this one area, it seems like our state governments and our utilities are actually on the case, which is why you want to own quanta services, power, pwr, the company that builds out new infrastructure and has a killer pipeline business. what's not to like? after the break, i'll try to make you more money. >>> coming up -- >> house of pleasure. >>>...
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Dec 5, 2012
12/12
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WBAL
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eye 95
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not much rain around here since sandy blew through. most of november was quite dry. our total for the month, just a trace. we're at almost pvents 6 of an inch. the yearly total is almost five inches below normal for the year. high temperatures today occurred just before 1:00. between midnight and 1:00 we were on the warm side of that front and the 51 degree low is the current temperature for the day. it is getting chillier. temperatures are down into the low and mid 40's. low 50's and you can kind of see the cold area coming in. 30's in oakland. 35 downtown. clear skies, northwest wind at 5 miles per hour and the sun went down a few minutes ago. 50's around here right now and it gets chillier as you head into cleveland. that is where the air is coming from. the core of the cold will pass far to our north as high pressure moves on by and on friday, the next warm front will actually be coming our way. this warm front is significant. look at the temperatures 68 in denver right now. it is going to be chilly for a couple of days, it is only for a couple of days. by the we
not much rain around here since sandy blew through. most of november was quite dry. our total for the month, just a trace. we're at almost pvents 6 of an inch. the yearly total is almost five inches below normal for the year. high temperatures today occurred just before 1:00. between midnight and 1:00 we were on the warm side of that front and the 51 degree low is the current temperature for the day. it is getting chillier. temperatures are down into the low and mid 40's. low 50's and you can...
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Dec 6, 2012
12/12
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CNBC
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eye 293
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early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an example. wells fargo gallup does a small survey. on hiring, small businesses dropped to the lowest level of opt miimism in four years. it doesn't matter what ben bernanke does. i think his programs have long since not really helped the employment side, but the fiscal cliff is doing obvious damage. that's going to make what everybody knows is coming. we ran out of two years to sell. they're going to go from a twist to outright purchases. it's fully built into the market, but it isn't going to help. the fiscal cliff is going to do more damage t
early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an...
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Nov 30, 2012
11/12
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KNTV
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let's look at sandy before and bring the new sandy out. >> wow! all right, lynn. take off your blind fold there. >> oh, my god. i love it! >> turn around, sandy. see what she's clapping for. >> oh, my gosh. it's beautiful. i love my hair. >> you obviously did a major makeover here. >> sandy had the problem of she was born blonde, her hair kept going gray and she kept highlighting it. >> look at the difference. >> i put color all over. single process blonde. again, vanessa's haircut adds a soft lift. >> gorge is. i love that dress. >> maggie london. can you show off the back? we wanted to give her a sexy back, too. it's a huge trend. >> sorry about the microphone. >> all the statement jewelry for under $100. if you're looking for great statement jewelry for the holidays. >> now you need a date for new year's eve. what do you think? >> i love it. it's amazing. she looks like princess diana. >> that's sweet. >> let's bring marilyn out. a big round of applause. you're both beautiful, ladies. we've got the five hot hollywood headlines. >> and a hot guy giving them to u
let's look at sandy before and bring the new sandy out. >> wow! all right, lynn. take off your blind fold there. >> oh, my god. i love it! >> turn around, sandy. see what she's clapping for. >> oh, my gosh. it's beautiful. i love my hair. >> you obviously did a major makeover here. >> sandy had the problem of she was born blonde, her hair kept going gray and she kept highlighting it. >> look at the difference. >> i put color all over. single...
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Dec 7, 2012
12/12
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MSNBCW
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so sandy did leave an impact in the data. but i think the report as a whole shows that the economy has been resilient, as i say every month when i'm on your show we're making progress. we're digging our way out of a deep hole. we're not satisfied yet. there's a long way to go. but there are signs that the economy is continuing to heal. >> is it a realistic possibility a year ago today the unemployment rate was 8.7%. today it's 7.7%. is it a realistic possibility, i know you don't like to project numbers, but that we could expect another point drop a year from now? is. >> well, we'll come out with our official projections when the budget comes out but i would say if congress does address the problems that it needs to address concerning the fiscal cliff if we had reasonable resolution type of programs that the president has been proposing to support the economy in the short run, get us on a sustainable fiscal path in the long run, protect the middle class, we're going to continue to see progress in this economy. in fact, i woul
so sandy did leave an impact in the data. but i think the report as a whole shows that the economy has been resilient, as i say every month when i'm on your show we're making progress. we're digging our way out of a deep hole. we're not satisfied yet. there's a long way to go. but there are signs that the economy is continuing to heal. >> is it a realistic possibility a year ago today the unemployment rate was 8.7%. today it's 7.7%. is it a realistic possibility, i know you don't like to...
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Dec 2, 2012
12/12
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CSPAN2
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a number of cholera cases have increased with hurricane sandy. we're dealing and people tend to forget we are -- canceling canceling with urgent and difficult situation in haiti. >> where did "so spoke the earth: the haiti i knew, the haiti i know, the haiti i want to know" come from? >> it is anin wy difcu anthologs edited by a group of women here >> miami of women writers called women writers of haitianf decedent.o wr one of theer intellectual wrote. book "so spoke the uncle" he advocated for haitians to take control of their stories, to tell their stories "barack obama: the stories" of their lives at literature and those women, the groups of women got together and edited this that cover the three sections in. the haiti i know, the haiti i want to know, and the haiti of the future, and different women talk about theiri experiences. both in haiti. it's an tholings in english,. french, and creole. it's cross generational. we talk about the people that were there and survived it.abouh talk about the friends and neighbor, they mourn, they celebrate
a number of cholera cases have increased with hurricane sandy. we're dealing and people tend to forget we are -- canceling canceling with urgent and difficult situation in haiti. >> where did "so spoke the earth: the haiti i knew, the haiti i know, the haiti i want to know" come from? >> it is anin wy difcu anthologs edited by a group of women here >> miami of women writers called women writers of haitianf decedent.o wr one of theer intellectual wrote. book "so...
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Dec 3, 2012
12/12
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CNBC
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sandy stimulated sales of new cars last month. see which automaker drove away with bigger gains, ford or gm. >> then pain at the pump. our next guest is warning a new ethanol fuel blend that not only costs more but adds to the cost of food could damage your car and void your warranty. really? you're going to want to hear this coming up. >>> and banks be aware. a third of americans would rather get a mortgage from walmart than a bank, even though walmart doesn't offer them, at least not yet. we'll hear from somebody saying offering home loans would be a boone for walmart stocks. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. when you take a closer look... ...at the best schools in the world... ...you see they all have something very i
sandy stimulated sales of new cars last month. see which automaker drove away with bigger gains, ford or gm. >> then pain at the pump. our next guest is warning a new ethanol fuel blend that not only costs more but adds to the cost of food could damage your car and void your warranty. really? you're going to want to hear this coming up. >>> and banks be aware. a third of americans would rather get a mortgage from walmart than a bank, even though walmart doesn't offer them, at...
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Nov 29, 2012
11/12
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CNBC
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i called sandy, just so sandy fans, i got the erstimate from y beach property and i was lucky. one house stands, the other goes down. >> tools you need to climb the market's rocky terrain. the mad dash is coming up next. and is austerity measures the way to close the deficit. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why mil
i called sandy, just so sandy fans, i got the erstimate from y beach property and i was lucky. one house stands, the other goes down. >> tools you need to climb the market's rocky terrain. the mad dash is coming up next. and is austerity measures the way to close the deficit. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible...
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Nov 30, 2012
11/12
by
CNNW
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when sandy hit, everybody lost power. the reason everything else is dark is because of the infrastructure. usually the island has all these flood lights. you can just see lady liberty there. 12 feet of storm surge down in lower manhattan, think about what that was with lady liberty by her lonesome. >> another neat thing is that lady liberty got sandblasted. when you have an opportunity to look at her, her green is different on her belly than on the top of her. >> really? >> yeah, take a look at that. she got sandblasted and cleaned in the process. there are bright spots. the people working on this, this is their passion, this is their love. they are going to do a great job. it will be open again. >> 27 minutes after the hour. mom and pop shops all over the country hanging on washington's every single move. coming up, a closer look at the fiscal cliff and how it could affect small businesses. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and
when sandy hit, everybody lost power. the reason everything else is dark is because of the infrastructure. usually the island has all these flood lights. you can just see lady liberty there. 12 feet of storm surge down in lower manhattan, think about what that was with lady liberty by her lonesome. >> another neat thing is that lady liberty got sandblasted. when you have an opportunity to look at her, her green is different on her belly than on the top of her. >> really? >>...
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Dec 7, 2012
12/12
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CNBC
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you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think
you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one...
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Dec 7, 2012
12/12
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CNBC
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now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation rate, down 0.2 to 63.6%. how did we get to 7.7% unemployment? basically the number of unemployed persons dropped more than the number of employed and there were downward trends in both those categories. lots to chew on. back to you guys. >> hampton, thank you. we are kind of scratching our heads. let's get more reaction from our panel. mark zandi and jared bernstein are here with us. mark, what do you make of this number? we've set this up as numbers were not going to be things we watched closely because of sandy. >> i'd say two things
now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation...
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102
Dec 6, 2012
12/12
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CNBC
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kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining costs. the gross margins are expanding. how much do we love that in a rail? however, the auto industry only affects about 18% of kansas city southern's revenues. they do have some coal exposure, something that's crushed a great many american railroads, we know that because we have backed away from a lot of rails because of the coal. but they have something the other railroads don't have, consistently high growth, not that low single digit stuff and not susceptible to the cyclical nature of coal or the ongoing war between natural gas and coal in the fight to be fuel for american utilities. and that's why i'm naming it my new favorite railroad. even over and above union pacific, which has always been my favorite. don't get mad at me, union pacific. i used a great union pacific calendar, but it's december. that one's off the wall. anyway --
kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining costs. the gross margins are expanding. how much do we love that in a rail? however, the auto industry only affects about 18% of kansas city southern's revenues. they do have some coal exposure, something that's crushed a great many american...
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Dec 2, 2012
12/12
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CNNW
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this one will give us a good sense of how hurricane sandy affected employment. that will do it for me. "cnn newsroom" continues with don lemon. thank you for tuning in. have a great week. and don, looking forward to seeing your show. >>> you were talking about my shoes and someone said, don't tell her that's your usher board uniform. >> which you still have to bring in. i keep asking, where is your usher board uniform, don? >> i was in new york last week and deb let me use her office. >> i even cleaned it up for you. >> thank you, deb. see you soon. always a pleasure. hi, everyone. we are going to get you up to speed on the day's headlines here on cnn. fiscal cliff talks are turning into a high-stakes game of chicken. secretary tim geithner said there's no deal unless republicans agree to raise taxes on the wealthy. >> if they are going to force higher rates on virtually all americans because they are unwilling to let tax rates go up on 2% of americans, then that's the choice we'll have to make. >> republicans are furious. they don't like democrats drawing a red
this one will give us a good sense of how hurricane sandy affected employment. that will do it for me. "cnn newsroom" continues with don lemon. thank you for tuning in. have a great week. and don, looking forward to seeing your show. >>> you were talking about my shoes and someone said, don't tell her that's your usher board uniform. >> which you still have to bring in. i keep asking, where is your usher board uniform, don? >> i was in new york last week and deb...
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Dec 4, 2012
12/12
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CNBC
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over the last month, despite hurricane sandy, it is still up 5%. but would going over the fiscal cliff hurt or derail the insurance giant as many expect it to derail business in general? joining me now is the chairman and ceo of allstate. thank you for joining us. president and congressional leaders are meeting with state governors today. you're one of the ceos who met at the white house with some of your other colleagues in business. what's your stance of where we are right now in terms of a deal? >> i'm concerned about it. the good news is everybody sees this as an opportunity to really show american global leadership. the rest of the world is all messed up on this. we can show them how to get it done. they've also all agreed on the three buckets, that being revenues, entitlements, and spending reductions. the bad news is they haven't agreed on how much into each bucket. and i don't think they're trying to create a win/win for each other. most good negotiations, you try to help the other person come out with a win. i don't see that here. >> you h
over the last month, despite hurricane sandy, it is still up 5%. but would going over the fiscal cliff hurt or derail the insurance giant as many expect it to derail business in general? joining me now is the chairman and ceo of allstate. thank you for joining us. president and congressional leaders are meeting with state governors today. you're one of the ceos who met at the white house with some of your other colleagues in business. what's your stance of where we are right now in terms of a...
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Dec 7, 2012
12/12
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CNBC
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no substantive sandy in the jobs numbers. the lack of sandy effect has us scratching our heads, what they said. i just got off the phone with the guy who's the head of doing the numbers, labor numbers at the bls. he walked me through the rather extensibilive process they did fine out if there was any sandy effect, including sampling of businesses in a flood tide areas. >> it was very meticulous. >> i'm pretty convinced they did a good job figuring out if there was an effect and there is no effect which brings us to the numbers which you could believe on face value as much as you can. they'll revise this again. they only come forward with 60% to 70% of the sample. unemployment rate falling 7.7% because largely a drop in the labor force. average hourly earnings up 0.2%. despite positive headlines, xwoeld man sax says we interpret this report as one only slightly better than expected overall given downward revisions and weaker labor force and it does not change our assessment of the underlying strength of the labor market. priva
no substantive sandy in the jobs numbers. the lack of sandy effect has us scratching our heads, what they said. i just got off the phone with the guy who's the head of doing the numbers, labor numbers at the bls. he walked me through the rather extensibilive process they did fine out if there was any sandy effect, including sampling of businesses in a flood tide areas. >> it was very meticulous. >> i'm pretty convinced they did a good job figuring out if there was an effect and...
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148
Dec 5, 2012
12/12
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CNBC
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it may have been reduced by 86,000 because of hurricane sandy. but there was a good number today which was the ism data when it comes to the services sector. you can see it was up. there's the adp data. but i want to talk about the services sector which was up a bit more than expected. then what you had, business activity was up, new orders were up, employment was the one thing that was down. i don't know if that's a sandy effect. that could be also, by the way, a fiscal cliff effect. zplint vi >> interviewing secretary geithner later today. what's your first question going to be? >> i want to get his response -- we had the president respond to boehner's proposal but i want to get the secretary's response, too, the specific issue of, hey, the republicans looked like they made a step forward, actually got some accolades in some of the press for agreeing to new revenues. where's the administration's response on that side? are they willing to give? i think that's a key question right now in terms of what the news flow is right now but also there's c
it may have been reduced by 86,000 because of hurricane sandy. but there was a good number today which was the ism data when it comes to the services sector. you can see it was up. there's the adp data. but i want to talk about the services sector which was up a bit more than expected. then what you had, business activity was up, new orders were up, employment was the one thing that was down. i don't know if that's a sandy effect. that could be also, by the way, a fiscal cliff effect. zplint vi...
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sandy which hit 25% of the u.s. population, 25 states or something like would that cut job creation andket the unemployment rate a bit, kept it higher. turns out sandy did have an impact but not on the headline numbers. >> if you look deeper in the report you see over a million workers who normally work full-time were reduced to part-time hours during the reference week because of bad wetter. over 300,000 additional workers weren't able to work at all because of bad weather. >> but because the way the labor department counts full-time workers part time workers and whether people work at all, and when they work, it didn't show up in the headline numbers . one thing that did, 350,000 people left the workforce in november. that was one reason again why the unemployment rate dropped to 7.7%. ashley and tracy. ashley: sounded good to begin with then you take in those factors as peter outlined, maybe not so good. peter, thank you so much. tracy: there is lot more ugly in the report and we'll talk about it now actually bec
sandy which hit 25% of the u.s. population, 25 states or something like would that cut job creation andket the unemployment rate a bit, kept it higher. turns out sandy did have an impact but not on the headline numbers. >> if you look deeper in the report you see over a million workers who normally work full-time were reduced to part-time hours during the reference week because of bad wetter. over 300,000 additional workers weren't able to work at all because of bad weather. >> but...
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36
Nov 29, 2012
11/12
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CNBC
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>> i think hurricane sandy had an impact in the first week, ten days in the northeast. when you speak to kohl's they were weak across the country. you could say it's part of the election results. i think there are just issues that are there. i think it was just disappointing. fw again, it's a long holiday season. the hope is, and hope and prayer is you're going to have a better december. i think some of them will. what you want to look at, even though the department stores were all negative today, a lot of the apparel retailers were positive. 5%, 10%. that's a positive sign. >> quick comment on tiffany. huge miss. stock's a mess. is this company specific or is it luxury that we need to watch out for? >> i think it's, "a," it's company specific. i think it's luxury you want to watch. if any consumer is watching this fiscal cliff, it's really the luxury customers. it's not the american eagle customers. the american eagle customers think fiscal cliff is really a rock climbing event. >> steve, good to have you on the show as always. >> thanks a lot. >> murph, what do you do
>> i think hurricane sandy had an impact in the first week, ten days in the northeast. when you speak to kohl's they were weak across the country. you could say it's part of the election results. i think there are just issues that are there. i think it was just disappointing. fw again, it's a long holiday season. the hope is, and hope and prayer is you're going to have a better december. i think some of them will. what you want to look at, even though the department stores were all...
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Dec 5, 2012
12/12
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CSPAN
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hurricane sandy affected four counties. homes were uprooted, dunes were obliterated, sand was blown into coastal ponds and local roads, exposing underground pipes, septic tanged -- tanks and other ewityle -- utilities. the largest wave of the storm was recorded at 47 feet. the island sustained severe road damage. in addition to damage covered under disaster reparations issued by the president urn the staff act, preliminary damage reports indicate damage of approximately $40 million to public infrastructure that will likely need to be covered by other agencies. this includes damage to harbors and channels as well as roadways which will require significant funding through army corps and the department of transportation. for rhode island, which has felt the effects of the economic downturn as much as any state and today ranks second in the nation in unemployment, recovery from the third major disaster in three years will be a significant challenge. this is a point emphasized by governor chafee who wrote to president obama abou
hurricane sandy affected four counties. homes were uprooted, dunes were obliterated, sand was blown into coastal ponds and local roads, exposing underground pipes, septic tanged -- tanks and other ewityle -- utilities. the largest wave of the storm was recorded at 47 feet. the island sustained severe road damage. in addition to damage covered under disaster reparations issued by the president urn the staff act, preliminary damage reports indicate damage of approximately $40 million to public...
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Dec 4, 2012
12/12
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auto sales rebound after hurricane sandy. and mitt romney bounces back with a new job. ashley morrison here in new york with that. >> asian markets saw a mixed day. tokyo's nikkei dropped a quarter percent while hong kong's hang seng added a fraction. >>> a report showing a decline in manufacturing sank stocks on wall street. the dow fell 59 points while the nasdaq lost eight points. >>> hurricane sandy gave a boost to the auto industry. analysts say it added up to 30,000 sales last month with as many as 30,000 vehicles needing to be replaced. the big three auto makers all posting gains in sales. general motors up 3%. ford 6.5%. and chrysler sales increased 14%. >>> drug maker pfizer is preparing to cut back its work force. the layoffs will target sales representatives who market drugs to doctors. pfizer is facing increased competition from generic drugs, particularly from the generic version of its cholesterol medication lipitor. >>> mitt romney may not have gotten the job he wanted when he lost the presidential election, but he's going back to work. romney will rejoin
auto sales rebound after hurricane sandy. and mitt romney bounces back with a new job. ashley morrison here in new york with that. >> asian markets saw a mixed day. tokyo's nikkei dropped a quarter percent while hong kong's hang seng added a fraction. >>> a report showing a decline in manufacturing sank stocks on wall street. the dow fell 59 points while the nasdaq lost eight points. >>> hurricane sandy gave a boost to the auto industry. analysts say it added up to...
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. >>> a philanthropist is helping hurricane sandy victims with his annual giveaway. the secret santa hands out $100 bills. >> $500, will that help you? >> going to my tower. >> it's not every day a complete stranger will pay your bills but sometimes the most unlikely miracles do happen. >> must have drop that. >> no. >> got to be yours. >> oh, my god. are you serious? >> the culprit? secret santa, the unidentified miracle worker whose acts of kindness are bringing people to tears throughout the country. >> oh, gosh. i feel like i just got million dollars. >> he goes from city to city surprising folks with $100 bills, sometimes spending up to $100,000 a year. >> it's not about the money. it's really about committing random acts of kindness. one of the great things we can do. >> he has been spreading holiday cheer since 2006 after the original secret santa, larry stewart, was diagnosed with cancer. >> i asked him if he had any regrets. he regretted he couldn't have helped more people. i told him i'm going to take as many hundred dollar bills as i can and stamp your nam
. >>> a philanthropist is helping hurricane sandy victims with his annual giveaway. the secret santa hands out $100 bills. >> $500, will that help you? >> going to my tower. >> it's not every day a complete stranger will pay your bills but sometimes the most unlikely miracles do happen. >> must have drop that. >> no. >> got to be yours. >> oh, my god. are you serious? >> the culprit? secret santa, the unidentified miracle worker whose...
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Nov 30, 2012
11/12
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CNBC
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on october 31st. >> that goes back to blame the sandy. we know we'll see a lot more of that. super value is a great story. all you have to do is look at the sales decline of this company. you wonder what the buyers are really looking at here when they look at the debt, combined with the sales and earnings decline, it is so enormous, just go look at a chart of it and you'll wonder what these guys are seeing. >> i remember a number of years ago before i joined cnbc, i was at another network and i went po minneapolis and met with the then-ceo of super value right after they did this deal. because they were a distributor and a wholesaler. then they bought cub foods and they got more into the retail game, changed their game, spending a lot, borrowing a lot, their debt rating was junk. he seemed very confident. he's gone now. >> i wonder how it lost its way in such a grand way. new until you see the numbers you don't realize how bad it is. >> do you think there's another lesson here because super value should be perceived as a "safe" company gi
on october 31st. >> that goes back to blame the sandy. we know we'll see a lot more of that. super value is a great story. all you have to do is look at the sales decline of this company. you wonder what the buyers are really looking at here when they look at the debt, combined with the sales and earnings decline, it is so enormous, just go look at a chart of it and you'll wonder what these guys are seeing. >> i remember a number of years ago before i joined cnbc, i was at another...
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Dec 5, 2012
12/12
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CNBC
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the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total now. it's a cash and stock deal. .6531 shares and 39 bucks a share in cash. that adds up to $50 a share. that's a fairly significant premium when we look at
the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal....
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. >>> a philanthropist is helping hurricane sandy victims with his annual giveaway. the secret santa hands out $100 bills. >> $500, will that help you? >> going to my tower. >> it's not every day a complete stranger will pay your bills but sometimes the most unlikely miracles do happen. >> must have drop that. >> no. >> got to be yours. >> oh, my god. are you serious? >> the culprit? secret santa, the unidentified miracle worker whose acts of kindness are bringing people to tears throughout the country. >> oh, gosh. i feel like i just got million dollars. >> he goes from city to city surprising folks with $100 bills, sometimes spending up to $100,000 a year. >> it's not about the money. it's really about committing random acts of kindness. one of the great things we can do. >> he has been spreading holiday cheer since 2006 after the original secret santa, larry stewart, was diagnosed with cancer. >> i asked him if he had any regrets. he regretted he couldn't have helped more people. i told him i'm going to take as many hundred dollar bills as i can and stamp your nam
. >>> a philanthropist is helping hurricane sandy victims with his annual giveaway. the secret santa hands out $100 bills. >> $500, will that help you? >> going to my tower. >> it's not every day a complete stranger will pay your bills but sometimes the most unlikely miracles do happen. >> must have drop that. >> no. >> got to be yours. >> oh, my god. are you serious? >> the culprit? secret santa, the unidentified miracle worker whose...
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Dec 4, 2012
12/12
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mississippi, the same answer and new jersey you have to think a little bit of the sandy effect. now as you can see showing those percentages here, big jumps. alaska was the biggest jump of all places and thousand this is where i want to bring in david wasserman of the cook political report. this is my favorite thing here, david. take us through what is unique about mitt romney and paul ryan that no other losing presidential ticket pulled off. >> chuck, this may be the only ticket in history both candidates have not only lost their home states but their home counties and home towns. chuck, that's remarkable. >> massachusetts, wisconsin, middlesex county, belmont, massachusetts. i guess that's what you end up having with two blue state guys running on the republican ticket. some conservatives say it doesn't matter if you get blue state guys. doesn't seem to pull off swing voters. we move on to a couple of other things here and this is something you have started doing. trying to break up the cultural differences between the two parties. counties where there are cracker barrel and w
mississippi, the same answer and new jersey you have to think a little bit of the sandy effect. now as you can see showing those percentages here, big jumps. alaska was the biggest jump of all places and thousand this is where i want to bring in david wasserman of the cook political report. this is my favorite thing here, david. take us through what is unique about mitt romney and paul ryan that no other losing presidential ticket pulled off. >> chuck, this may be the only ticket in...
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Dec 1, 2012
12/12
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>> certainly, i think sandy changed things. it let the president be president. i think that helped. >> it changed the subject from benghazi. >> i would also say this race was more of a referendum in some way on mitt romney than it was the president, and that's unusual -- >> does your side -- i know you're a true believer, and i respect that. do you think -- i mean it. do you think they didn't really believe he believed? >> no, i don't think that was the problem. i think the bigger problem was two things. they never personally connected with him. they never felt this attachment, and they didn't see him as -- >> personal. >> second of all, i think we failed middle income blue collar voters who feel we no longer understand their life, no longer are fighting daily for them, and they think what we're about are just the social issues and fighting for tax breaks for the wealthy. that's not what we're about, but we sure let that perception happen. >> my dad is a regular republican, not a right winger. he used to say the trouble with my party is they care about the big c
>> certainly, i think sandy changed things. it let the president be president. i think that helped. >> it changed the subject from benghazi. >> i would also say this race was more of a referendum in some way on mitt romney than it was the president, and that's unusual -- >> does your side -- i know you're a true believer, and i respect that. do you think -- i mean it. do you think they didn't really believe he believed? >> no, i don't think that was the problem. i...
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Dec 7, 2012
12/12
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despite predictions of stalled job creation in november in superstorm sandy and looming fiscal cliff, the nation added 146,000 jobs last month, and unemployment ticked down to 7.7%. while november's figures are higher than expected, september and october were revised down 16 and 33,000 jobs respectively. chief economists for moody's analytics mark zandi cautions november may see a downward revision but the numbers are a good sign. >> bottom line, feels like the job market is holding firm in the face of sandy and fiscal cliff concerns, so that's good news. >> surprising exactly no one, the white house and republicans had different spin on the numbers. >> if congress does address the problems that it needs to address, concerning the fiscal cliff, if we have reasonable resolution type of programs that the president has been proposing to support the economy in the short run, get us on a sustainable fiscal path in the long run, protect the middle class we're going to see progress in this economy. >> the risk the president wants us to take increasing tax rates will hit many small businesses
despite predictions of stalled job creation in november in superstorm sandy and looming fiscal cliff, the nation added 146,000 jobs last month, and unemployment ticked down to 7.7%. while november's figures are higher than expected, september and october were revised down 16 and 33,000 jobs respectively. chief economists for moody's analytics mark zandi cautions november may see a downward revision but the numbers are a good sign. >> bottom line, feels like the job market is holding firm...
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Dec 4, 2012
12/12
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. >> i don't think all it have it will be explainable by superstorm sandy. i think a lot of it is pulling back. you've seen the capital investment. >> we have to move on but i have to push back on one thing. are we talking about two different things? when we got downgraded the market went down hard. more than a trillion in value. >> but the market price. the market came right back and actually went to new highs not that long after that. once the knee jerk reaction was done. the market is being sensitized to it right now. and that's a good thing. >>> two companies that issued special dividends ahead of the fiscal cliff and if you're keeping score at home that's 103 companies thus far this quarter valued at more than $22 billion. so we see this continued parade of companies just coming out and issuing special dividends whether it's by debt, with debt, or cash on the balance sheet. >> the big one there, scott, is costco. last week when costco made the announcement, it was up 5%, almost 7% on the news. oracle moves their dividends up and the stock is flat to dow
. >> i don't think all it have it will be explainable by superstorm sandy. i think a lot of it is pulling back. you've seen the capital investment. >> we have to move on but i have to push back on one thing. are we talking about two different things? when we got downgraded the market went down hard. more than a trillion in value. >> but the market price. the market came right back and actually went to new highs not that long after that. once the knee jerk reaction was done....
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Dec 5, 2012
12/12
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CSPAN2
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obviously sandy falls in that as a catastrophic disaster. it will be in addition to existing disasters we are working. >> some of the temporary housing assistance be provided will soon be expiring. but there be opportunities for renewal? you've heard one of the things he wanted to do was have had to explain what they doing and will not be sufficient? we were in new york and also manhattan, which is a whole unique venue for disaster in staten island, i guess long island, new jersey has very unique housing requirements and also higher costs. hud has committed to in the president says they will coordinate with your efforts. >> mr. chairman, the housing program were actually looking at three pretty substantial areas. the first was the temporary sheltering and that is where maybe the home was destroyed but they couldn't get back in. they had power outages or other damages. we would provide in cooperation state request on a car share basis short-term, namely hotels, motels measured in weeks and we are extending as the states requested. the traditi
obviously sandy falls in that as a catastrophic disaster. it will be in addition to existing disasters we are working. >> some of the temporary housing assistance be provided will soon be expiring. but there be opportunities for renewal? you've heard one of the things he wanted to do was have had to explain what they doing and will not be sufficient? we were in new york and also manhattan, which is a whole unique venue for disaster in staten island, i guess long island, new jersey has...
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Dec 6, 2012
12/12
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i've talked to some experts who say sandy, the sandy effect on the jobs is somewhere between 80 and 100,000 jobs in the month of november. so whatever it is you can blame sandy for what 80 to a hundred. add that to whatever the number is and it maybe should be what the number should have been. we are taking a deep dive into understanding the american electorate. it could spell a lot of trouble for republicans going forward. our fiscal cliff-mas gift today alan smith gets down gangnam style. what the senator is saying about the video that's gone viral watching the daily rundown only on msnbc. u see this? oh, let me guess -- more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. ♪ ♪ [ male announcer ] everyone deserve
i've talked to some experts who say sandy, the sandy effect on the jobs is somewhere between 80 and 100,000 jobs in the month of november. so whatever it is you can blame sandy for what 80 to a hundred. add that to whatever the number is and it maybe should be what the number should have been. we are taking a deep dive into understanding the american electorate. it could spell a lot of trouble for republicans going forward. our fiscal cliff-mas gift today alan smith gets down gangnam style....
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Nov 29, 2012
11/12
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CNBC
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the question is, though, is it all sandy related? let's bring in herb greenberg and jan nippon. jan, it is so easy to blame the weather but in this case, is it justified? >> well, the weather was a problem and the long calendar is a problem. i think the weather was less of a story than the long calendar. when you put two extra selling days in front of christmas in december, it has to come out of somewhere. it will come out of early december, but if only one-third of it even comes out of november, it's about a 400 basis point hit to sales. so i think most of what we're seeing here is early november had two warm of weather in one-third of the country, a great hurricane in one-quarter of the country and the consumer said i got plenty of time, i don't have to really go out and spend so we had a really slow front end of the month. we'll get a lot of that back in december. i'm still predicting a great christmas. >> we have two themes on this show -- panic now or everything's fine. which one is it for retail? >> everything's fine. >> it's a "rise above" pin. >> do these drops in the sh
the question is, though, is it all sandy related? let's bring in herb greenberg and jan nippon. jan, it is so easy to blame the weather but in this case, is it justified? >> well, the weather was a problem and the long calendar is a problem. i think the weather was less of a story than the long calendar. when you put two extra selling days in front of christmas in december, it has to come out of somewhere. it will come out of early december, but if only one-third of it even comes out of...
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Nov 29, 2012
11/12
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in fact, doctors have seen more breathing problems since sandy hit. the others are the local businesses, we're on one street with the local businesses. the owners say nearly 1150 businesses in the area could end up never re-opening, that is not just because of the damage, and most of them can't open for the season. these are mom and pop shops that really need to open to survive. this is what many argued in front of congress today, begging the congressional leaders to give them the funding they need to help the areas get back on their feet, brian. >> katy tur in the rockaways, thank you. where it is still a struggle. >>> and still ahead for us, trouble in paradise. what our cameras have found on the beaches of hawaii. the debris that continues to pile up from the tsunami in japan so long ago. >>> and later, we have been told to expect a big announcement about what the rover has discovered on mars. what could it be. >>> the tsunami in japan was almost two years ago, and yet wait until you see the pictures of what we found on the beach in hawaii. the amo
in fact, doctors have seen more breathing problems since sandy hit. the others are the local businesses, we're on one street with the local businesses. the owners say nearly 1150 businesses in the area could end up never re-opening, that is not just because of the damage, and most of them can't open for the season. these are mom and pop shops that really need to open to survive. this is what many argued in front of congress today, begging the congressional leaders to give them the funding they...
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Dec 3, 2012
12/12
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CNBC
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how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's where you have to look, to see what the trend was beforehand. >> okay. now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking system isn't going to affect ours, i think we can
how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's...
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Dec 7, 2012
12/12
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WTTG
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they put it in right before hurricane sandy. president obama made the comment that anyone can lose their job in washington, even the national christmas tree, and he thinks since this one stood up to sandy it going to do the test of time. >>> cold today, not as bad as last year's show, but what can we expect going into the evening? >> there is a little challenge in the forecast tonight. that is that it's really cold out and there's some spotty showers off to our west. so when you combine cold temperatures and a little bit of moisture, you've got the possibility for a little freezing rain north and west of town. the district is still 37. the air is really dry, so sometimes it's very spotty moisture that comes in and dries uabout it gets to the ground, but i would say heads up if you live north and west of d.c., some very light freezing rain is possible overnight. we're definitely going to be cold. we hope that this will not be widespread rain and we don't expect it will be, but when you look at some of these numbers don't to 34 at
they put it in right before hurricane sandy. president obama made the comment that anyone can lose their job in washington, even the national christmas tree, and he thinks since this one stood up to sandy it going to do the test of time. >>> cold today, not as bad as last year's show, but what can we expect going into the evening? >> there is a little challenge in the forecast tonight. that is that it's really cold out and there's some spotty showers off to our west. so when you...
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Nov 29, 2012
11/12
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CNBC
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hurricane sandy was directly in his district so he made some comments about it. he said that the damage was worse than first anticipated. that's something we've been talking a lot about. original number was $50 billion. it's in the $70 billion to $90 billion range. it is probably going to shave a quarter to half a point off gdp. you talked about the fiscal cliff which he says congress and the president must address. he says because we're at the zero balance, interest rates were zero, the effect of the fiscal cliff is getting much worse than if the fed were not at zero. >> because they could do something. >> the only positive thing which dudley did not talk about but it is something that's on the radar is that, as the fiscal cliff fears rise, interest rates fall on the 10-year. so the effect the fed would have from easing is already in -- already happening as a market reaction. >> steve, thank you. >>> when jeff kilburg is not fired up about the irish he is fired up about what mr. dudley said today. why? >> absolutely. he came out with very dovish comments. he las
hurricane sandy was directly in his district so he made some comments about it. he said that the damage was worse than first anticipated. that's something we've been talking a lot about. original number was $50 billion. it's in the $70 billion to $90 billion range. it is probably going to shave a quarter to half a point off gdp. you talked about the fiscal cliff which he says congress and the president must address. he says because we're at the zero balance, interest rates were zero, the effect...
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Dec 3, 2012
12/12
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CNBC
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particularly on the consumer side as well, because of sandy. so i think in the meantime, until we get a resolution, i've said before, i think you're going to be in a trading range. and i think into the strength of the market, you want to take some off, never bad to have some cash. but on these pullbacks, i think you want to be buying, because i actually think the economy is getting better, particularly when you look at housing, consumer, even auto and aerospace, all those data points point to 2013. >> are you buying the market on any pullback? >> i like the santa claus rally with josh and would be raising cash. i think the risk in the markets further on the down side than the up side. but when you see some real pullbacks, buy the stock if you like it. >> morgan stanley's top market watcher has been bearish all year and not ready to change his mind. adam parker joins us live. welcome back to halftime. good to see you. >> how are you, scott? >> 1167 is where you thought we would be at the end of the year. you'll be far short. why aren't you willi
particularly on the consumer side as well, because of sandy. so i think in the meantime, until we get a resolution, i've said before, i think you're going to be in a trading range. and i think into the strength of the market, you want to take some off, never bad to have some cash. but on these pullbacks, i think you want to be buying, because i actually think the economy is getting better, particularly when you look at housing, consumer, even auto and aerospace, all those data points point to...
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Dec 7, 2012
12/12
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we still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you have this people who say this report is very important. it's going to be driving the conversation on the fiscal cliff. we only have 25 days until the tax hikes and spending cuts start to take effect. here is the thing. this number came in much better than expected, don. so the bad part about this is that it may not motivate all those politicians on capitol hill as much as it may have, if it came in much weak er. this may not light the fire, so to speak. that could be the downside to the upside surprise to the number. don? >> alison, stick aro
we still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you...
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Dec 7, 2012
12/12
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we've had sandy, and we have all of this debate going on over the fiscal cliff, that's driving us all crazy, right? >> yes, it is. >> and what it's also doing is that it has gotten the corporate seblgtor in a position where they're not vin investing. they're waiting to see what's happening. nonetheless, we're still creating jobs. if you take into consideration the fact that we have those things, those neglect factors in at the same time regenerating jobs, and that means that there's a significant potential for the economy to grow. >> is it possible that this whole debate and the fiscal cliff, whether or not we go over it or not, would bakt how many people are working the next year? >> it will definitely impact, but i think what the numbers are telling us and what we've seen for the last couple of months is that the affect will not be as great as most people are predicting. you know, we kind of got this y2k kifr syndrome that's going on. it will certainly have an affect, but it also means that we can -- we're in a position to really craft a real comprehensive way to -- >> are these goo
we've had sandy, and we have all of this debate going on over the fiscal cliff, that's driving us all crazy, right? >> yes, it is. >> and what it's also doing is that it has gotten the corporate seblgtor in a position where they're not vin investing. they're waiting to see what's happening. nonetheless, we're still creating jobs. if you take into consideration the fact that we have those things, those neglect factors in at the same time regenerating jobs, and that means that there's...
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Dec 6, 2012
12/12
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as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this number is going to tell us nothing tomorrow? > know there's going to be a lot of discussion about it. i'll stick to my guns, it's a 125 to 150 economy growth some of that could be sandy. i don't donknow if you want to k about that chart. this looks at the net effect acceptable. if 30% say it's acceptable and 20% say -- these are what we asked people. how many is that? that's five of eight different solutions. >> people say, yes, we're okay dealing with the fiscal cliff, if you raise taxes on those who make more than $250,000 and then you cap deductions, and virtually everything else is off the table. >>
as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this...
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Dec 6, 2012
12/12
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CNBC
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it actually blamed the fiscal cliff in part, as well as super storm sandy. the ceo said consumers were distracted by the cliff. the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally, zynga. take a look at shares. they are up nearly 7% because they filed for a gambling license. that is right. the virtual game company wants to become a real poker company. let's bring in julia boorstin with more on this zynga story. seems like if they get it, a completely transformative thing. >> it would be transformative and zynga's definitely pushing forward with its plans to eventually make money from online gambling but the key thing here is that this is really a ways off. the stock soared as much as 9% higher this morning after it came out that zynga applied for rea
it actually blamed the fiscal cliff in part, as well as super storm sandy. the ceo said consumers were distracted by the cliff. the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally,...
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Dec 1, 2012
12/12
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KNTV
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we also provided about 40,000 toys to the victims of hurricane sandy. >> we forget how much they lost. >> thank you. we really appreciate it. you can also contribute to the toy drive in person here on the plaza or check our website and we'll give you more info. >>> next monday, a couple of hunks will be here, michael buble and curtis stone. >> yes, yes, yes. >> and a performance by a british singer-songwriter. >> and another member to our joy fit club. so much fun happening. >> see you all at "scandalous." >> yes. you say that to my face. the comment went viral. the comments were about what? >> about my teeth. jeff: this blew my mind. you had messed with players like -- >> isiah thomas. >> jim: isiah thomas, everybody. a detroit p
we also provided about 40,000 toys to the victims of hurricane sandy. >> we forget how much they lost. >> thank you. we really appreciate it. you can also contribute to the toy drive in person here on the plaza or check our website and we'll give you more info. >>> next monday, a couple of hunks will be here, michael buble and curtis stone. >> yes, yes, yes. >> and a performance by a british singer-songwriter. >> and another member to our joy fit club. so...
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Dec 5, 2012
12/12
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CNBC
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you have fiscal cliff, you have hurricane sandy. are you optimistic about what's happening in the economy if you take out the potential shocks? >> i don't think we make any change at all. i think the job market is producing 150,000 jobs per month, that's what we've been producing since the beginning of the year, over the past year, past two years, some months we're a little lower, higher, sometimes seasonal adjustment. if you take this month's number and x out sandy, that's over 200,000. >> that will add some jobs, that's not a fair comparison. >> so 200,000 minus 60 is 150 -- >> so you're right there. >> i don't think the economy has chang chang changed deappreciably over the last year. >> well, i think coming into friday's number, we're a little -- we don't think there's 80,000 worth of impact, might be closer to 40,000 or 50,000. whatever, there's been an impact and i agree with mark's point, 1 in about 150,000 job creation in the economy and i don't know that meaningfully changes. but i would say, if anything, the bias next year
you have fiscal cliff, you have hurricane sandy. are you optimistic about what's happening in the economy if you take out the potential shocks? >> i don't think we make any change at all. i think the job market is producing 150,000 jobs per month, that's what we've been producing since the beginning of the year, over the past year, past two years, some months we're a little lower, higher, sometimes seasonal adjustment. if you take this month's number and x out sandy, that's over 200,000....
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Dec 4, 2012
12/12
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CURRENT
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>> stephanie: we have representative sandy -- >> levin. >> stephanie: i was not going to mispronounce that. >> okay. >> stephanie: it is a bad nightmare repeating, isn't it jacki? >> the fiscal cliff negotiations? >> stephanie: yes. >> i love that they don't include the tax cuts for the middle class or the expiration for the bush tax cuts for the top 2%. and they are like here is our offer. if you are going to make a deal at least deal something somebody actually wants. >> yeah. >> stephanie: serious plan. they are like they won the election. >> it is totally farfetched and they are like i don't understand why he doesn't want it. >> stephanie: all right. here she is, jacki schechner in the current news. >> good morning. we already know that ashley judd can show a much wider range of emotion that some. she has been taking steps to assess her options when it comes to running for office. she is doing opposition research on herself to see where she might be most vulnerable. mcconnell will be running for his sixth term another option is to run against senator rand powell in 2016. there is
>> stephanie: we have representative sandy -- >> levin. >> stephanie: i was not going to mispronounce that. >> okay. >> stephanie: it is a bad nightmare repeating, isn't it jacki? >> the fiscal cliff negotiations? >> stephanie: yes. >> i love that they don't include the tax cuts for the middle class or the expiration for the bush tax cuts for the top 2%. and they are like here is our offer. if you are going to make a deal at least deal something...
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Dec 3, 2012
12/12
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MSNBCW
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they'll also be watching for friday's release of the november jobs report and what impacts superstorm sandy and those fiscal fears may have had on hiring. meanwhile, the national retail federation is asking congress to step in and stop striking clerical workers who shut down 10 of 14 terminals at two california ports. the group estimates the now week-long strike is costing $1 billion a day. >>> edward glen hayden, managing director and head of global interest rates at morgan stanley, pictured here during his days at goldman sachs is being investigated by commodities and futures regulators. according to "the new york times," the question is whether hayden's trading manipulated the price of treasury futures while he was back at goldman in 2008. >>> news corp. announced the ceo of its uk newspaper operations who took the reins in july of last year is stepping down. >>> swiss banking giant ubs is reportedly close to reaching a $450 million settlement with u.s. and british authorities over an interest rate-rigging scandal that rocked the banking world this year. and on the deal front, delta airl
they'll also be watching for friday's release of the november jobs report and what impacts superstorm sandy and those fiscal fears may have had on hiring. meanwhile, the national retail federation is asking congress to step in and stop striking clerical workers who shut down 10 of 14 terminals at two california ports. the group estimates the now week-long strike is costing $1 billion a day. >>> edward glen hayden, managing director and head of global interest rates at morgan stanley,...
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Dec 6, 2012
12/12
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FOXNEWSW
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forget about sandy, 370,000 is a high number. here we are raising taxes on everybody who worked by $120 billion. maybe we'll also raise taxes on richer people, wealthier people. raise the tax on dividends and interest and capital gains. that amount to a big tax increase in a weak economy. should we be doing that? >> what we are told is all across the board this is what has to happen. we need revenues brought into the federal government. a lot of people unhappy with that model. but that what's they are arguing. >> reporter: that's what they are arguing. but the president wants higher tax rates on the rich web's standing firm on that. the republicans are not going to say caved but they agreed to $800 billion in extra tax revenues over 10 years. so yes a tax increase is coming in one form or another. and you add that to the payroll tax increase and you have got a big tax increase coming count pike in a weak economy. martha: it will hurt across the board from the top to the bottom. everybody's financial picture will look different in
forget about sandy, 370,000 is a high number. here we are raising taxes on everybody who worked by $120 billion. maybe we'll also raise taxes on richer people, wealthier people. raise the tax on dividends and interest and capital gains. that amount to a big tax increase in a weak economy. should we be doing that? >> what we are told is all across the board this is what has to happen. we need revenues brought into the federal government. a lot of people unhappy with that model. but that...
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Dec 5, 2012
12/12
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CNNW
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but sandy's fingerprints will be over this data. you're going to see fewer jobs created than expected because sandy kept companies from hiring, people from going out and finding jobs because that was a big disruption in the northeast. we'll start to see the effects of sandy, expected to be temporary but you will see that. >> do you think it will be big some. >> i think that -- i think that -- i think that sandy is going to mean tens of thousands of jobs at least. >> all right. >> more on that tomorrow. >> thank you. >> extreme make-over gop edition. >> paul ryan, marco rubio set a course for rebranding the republican party. >> can you guess the word of the year for 2012? your odds of getting it right are better than in previous years. that's because there are two words almost always looked up together. >> powerball. >> that's your hint. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid
but sandy's fingerprints will be over this data. you're going to see fewer jobs created than expected because sandy kept companies from hiring, people from going out and finding jobs because that was a big disruption in the northeast. we'll start to see the effects of sandy, expected to be temporary but you will see that. >> do you think it will be big some. >> i think that -- i think that -- i think that sandy is going to mean tens of thousands of jobs at least. >> all right....